Has globalization Peaked or Will It Expand in the Future?
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Do you think globalization will continue to expand in the future? Why or why not?
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Solution Summary
This posting discusses the future of globalization- has it peaked or will it continue to grow from strength to strength.
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Globalization will continue to expand in the future. If we look at all the regional trade barriers, subvention politics, protective measures, and legal and fiscal barriers that exist worldwide, one can assume that globalization is far from having reached its peak. Globalization will be the catalyst that speeds up a process by which the poor get richer instead of poorer and this process has just fully gotten under way.
The next step of globalization will involve companies currently performing outsourced tasks sending much of their work abroad, enabling ...
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